Social Justice Explained: Star Wars And The Civil War At Lucasfilm

In this YouTube video by Overlord DVD, Dictor Van Doomcock and his sidekick Harvey Cthulu discuss the internal politics at Lucasfilm. Having watched past videos, I wonder if Doomcock uses his supervillain schtick to protect his identity and those of his informants inside the entertainment industry. Either that, or it’s just a fun play on Hollywood gossip reporting. Whenever he gets news, he’s always careful to treat it as rumor, then refer back to it when it’s proven true later.

Doomcock and Harvey are among the many stern YouTube detractors criticizing the entertainment industry. Entertainment has been left leaning for many decades, but has ramped up its propaganda to psychotic levels in the last 5 to 10 years. Here, we learn that Luke Skywalker appearing in “The Mandalorian” was a huge hit, because he’s depicted as the hero Star Wars fans always knew he was. “The Mandalorian” is run by John Favreau and Dave Filoni, executives at Lucasfilm who are loyal to George Lucas’ original vision.

The chief executive at Lucasfilm, Kathleen Kennedy, doesn’t share that loyalty, however. She was in control during the making of the Star Wars sequel trilogy, and subverted Luke into a malcontented coot, among other mishaps. Simply because Luke is a straight cisgendered white male. I discussed in a previous post why this angered fans in all demographics.

There is a strange dynamic at Lucasfilm, and the corporate entertainment industry in general. “Social justice” is a far left philosophy that claims to support disadvantaged minorities and women, but is actually a weapon against existing culture and true justice. In the video, Doomcock and Harvey dig into the social justice warriors’ twisted reasoning.

iOS vs Facebook: What Will Happen To Facebook Ads?

In this YouTube video, marketing professional Ben Heath discusses the announced updates to iOS and how it will affect advertising on Facebook. Apple is taking steps to protect the privacy of its users, but Facebook has always tracked personal data to enable effective advertisements for its business clients. If you run a business and rely on Facebook for leads, this can be a scary time.

Heath says it’s not time to panic yet. Facebook runs multiple types of ads on its network, and not all of them will be affected by the iOS change. Watch his video, and make plans with your marketing team to adapt in 2021.

Decentralized Finance Explained

This video by 99Bitcoins gives an introduction to decentralized finance, or defi. Traditional financial services are operated by companies and organizations with centralized authority. This means customers might be at the mercy of unscrupulous individuals. Defi is intended to take that power away and put into computer programs called smart contracts. Smart contracts can only be controlled by a consensus of distributed stakeholders. However, defi is still in its early days, so there are risks and bugs that need to be worked out before the mainstream can use it.

Investing: Derivatives Explained

This series of videos by explains what financial derivatives are. They are contracts whose value is based on the value of another asset. A recent video by Ivan On Tech explained there is massive opportunity in Ethereum derivatives, so it helps to know what derivatives are in the first place. This first video by Takota Asset Management uses an example of wheat farmers benefiting when the price of wheat is high, and cereal manufacturers benefiting when the price of wheat is low. Farmers and cereal companies enter a contract to lock the price of wheat in the middle so they each can hedge their risk. Speculation is the opposite of hedging, in that there is greater risk, but also greater potential investment gains.

Two types of derivatives are futures and forwards. This video by Binance Academy explains that they allow traders to speculate on the future price of an asset. This is common in the commodities market.

Options are another type of derivative. They are contracts allowing the recipient the right, but not the obligation, to act on a future transaction. This video by Invest Owl explains them with several great examples. Stock options are heavily used by corporate executives to increase their income.

The fourth and final type of derivative are swaps. Swaps are when someone trades a high risk contract to someone for one with a fixed rate, or vice versa. This video by Marketplace APM explains with another example.